September 1, 2017

HOME SALE CHALLENGE:After losing money on her investment property for many years, this Milford, CT homeowner finally decided to cut her losses and sell her over-leveraged rental unit. Due to the large amount of negative equity in the property a short sale was the only realistic solution.REID REAL ESTATE GROUP APPROACH:Since our seller had two loans –

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September 1, 2017

HOME SALE CHALLENGE:After several months on market our East Haven, CT homeowner found herself unable to clear her loan in a traditional sale. With over $30,000 of negative equity she realized her only option was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Since our sellers loan was FHA we knew the short sale process itself would be quite predictable.

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September 1, 2017

HOME SALE CHALLENGE:After many efforts to hold onto her upside-down home proved unsuccessful, this  Cheshire, CT home owner decided a short sale on the home was the only reasonable solution. Facing over $60,000 of negative equity, she decided a short sale was in her best interest to settle the debt and move on. REID REAL ESTATE GROUP APPROACH:TD Bank has a reputation for

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September 1, 2017

HOME SALE CHALLENGE:After relocating out of state for an employment opportunity, this Ansonia, CT homeowner found himself with over $70,000 of negative equity and unable to sell his home in a traditional sale. He rented out both sides of the duplex in order to try to keep covering the payments, but renting proved to be a

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September 1, 2017

HOME SALE CHALLENGE:After this Trumbull, CT couple decided to move on to their new home, they found themselves unable to sell their old home, even after two whole years on market! Facing some serious negative equity, they decided a short sale with their lender Hudson City Bank was in their best interest to settle the debt and move on

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